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20130228
Search Results 0 to 5 of about 6 (some duplicates have been removed)
on capitol hill right now on the a hearing for the benghazi terror attack where he addressed the pentagon's response to the assault on our consulate on september 11th. four americans, including our ambassador to libya, died in that attack. this comes just a day after mr. panetta emotionally charged parting speech to students at georgetown university where he blasted the massive defense cuts known as the sequester, set to go into effect just weeks from now. >> if sequester happens, let me tell you some of the results. we will furlough as many as 800,000 dod civilians around the country for up to 22 days. they could face a 20% cut in their salary. you don't think that will impact on our economy? you don't think that's going to impact on jobs? you don't think that's going to impact on our ability to recover from the recession? jon: mr. panetta also deliver ad stark warning about the scale and scope of cyber attacks on this country saying they could cripple the united states. >> we are literally the target of thousands of cyber attacks every day. every day. thousands of sigher about attacks t
jennifer griffin live from the pentagon with more on that. >> reporter: today the deputy defense secretary, jon, warned by the end of the year two-thirds of all army units will not be ready to fight other wars, and there won't be enough money to put out to sea a third of the navy ships. the warning comes one day after the pentagon told congress it is going to have to furlough half of its 800,000-civilian workers. the hardest-hit states, california and virginia. our team went to hampton roads, virginia, yesterday. tom taylor owns a ship repair business there. >> it's not like turning on a spigot. you don't turn it on, turn it off, you know? if it's canceled, these things are months or years in the planning stage, so if they are canceled, you know, they don't come right back, you know? so that's pretty alarming. >> i want to know when am i looking -- am i getting laid off in march or april? you're one of those people who are living paycheck to paycheck, then you're, you have no secondary plan, and that's going to be horrible, it's going to cause a lot of stress. >> i'm very concerned about t
the defense cuts especially, forcing this kind of draconian cuts on the pentagon, republicans would never go for. >> he thought it was going to be this ideal situation where it would be, it would inflict so much pain on both sides that both sides would then come to the table and want to bargain. problem is that the president's always talking about the balanced approach to our fiscal situation and our problems, and the republicans said, okay, in the fiscal cliff deal we'll give you your tax increases. so he has the tax hikes, but there have been no spending cuts. so now the republicans who actually for the first time in the obama presidency have the stronger hand, now they should come in and say, okay, you keep arguing for a balanced approach. we gave you your tax hikes, where are the spending cuts? and make him answer to that. jon: and has been pointed out many time, the additional money, the revenue as they like to call it that was raised by the that tax hike immediately got spent by the congress when they received the sandy aid bill. >> that's right. all in one shot it's been evaporateed.
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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